TITLE

Year of the Rat

AUTHOR(S)
Vardi, Nathan
PUB. DATE
March 2008
SOURCE
Forbes Asia;3/24/2008, Vol. 4 Issue 5, p28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses court cases against Sheldon Adelson filed by former partners who are claiming that he owes them some of the revenue from his casino concessions and subconcessions in Macau, China. Adelson, who owns 69% of the Las Vegas Sands, has hired lawyer Rusty Hardin to defend him from the allegations. In April 2008, a Las Vegas, Nevada jury will hear Richard Suen's claim that Adelson's company cheated him out of 2% of its Macau operation's net profit, plus a $5 million fee, in return for help in navigating the Chinese political hierarchy.
ACCESSION #
31791181

 

Related Articles

  • A gritty side of Las Vegas Sands. Ward, Matt // Las Vegas Business Press (10712186);4/23/2007, Vol. 24 Issue 17, p5 

    The article focuses on lawsuits against Las Vegas Sands and owner Sheldon Adelson which have shone a fight on events leading up to the company's casino expansion into Macau. The said lawsuits allege a series of broken promises and possibly questionable business practices by Adelum and top Las...

  • Market drop shrinks Sands boss's net worth. Stutz, Howard // Las Vegas Business Press (10712186);10/20/2008, Vol. 25 Issue 42, p17 

    The article reports on a decline in the net worth of Sheldon Adelson, chairman of casino operator Las Vegas Sands Corp. in Nevada. Adelson, once considered the third-richest man on the "Forbes" magazine 400 list of richest U.S. citizens, saw his net worth decline by $4 billion in September 2008....

  • THE MAN WITH THE GOLDEN GUT. Kirkland, Rik // Fortune International (Europe);10/17/2005, Vol. 152 Issue 7, p54 

    Discusses the efforts of Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp., to turn Macau, China into the next Las Vegas, Nevada. How he will make more money with his temporary casino in Macau than with the Venetian in Las Vegas; Plans for his new casino in Macau...

  • THE MAN WITH THE GOLDEN GUT. Kirkland, Rik // Fortune;10/17/2005, Vol. 152 Issue 8, p156 

    Discusses the efforts of Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp., to turn Macau, China into the next Las Vegas, Nevada. How he will make more money with his temporary casino in Macau than with the Venetian in Las Vegas; Plans for his new casino in Macau...

  • Xxxxxxxxx. Doocey, Paul // International Gaming & Wagering;Aug2006, Vol. 27 Issue 8, p4 

    Presents information on Sheldon Adelson, chairman of the board and principal owner of Las Vegas Sands Corp.

  • The Gambler. Miller, Matthew // Forbes Global;3/28/2005, Vol. 8 Issue 5, p32 

    Features billionaire Sheldon Adelson, the 11th richest person in the U.S. and the 19th richest person in the world who runs casinos Las Vegas Sands Corp. and Sands Macau in China. Comparison between the Las Vegas Sand and the Sands Macau; Background on Adelson; Plan of Adelson for other...

  • Is Las Vegas Sands Forming A New Base? KEN HOOVER // Investors Business Daily;11/20/2013, pB09 

    The article focuses on the gambling company Las Vegas Sands Corp. It states that the company played a critical part in the legalization of gambling in Macau, China and made it the top gambling destination in the world. In addition, the company also owns the Marina Bay Sands resort in Singapore....

  • Casinos eyeing Japan market. Investor's Business Daily // Investors Business Daily;2/25/2014, pA02 

    CEO Sheldon Adelson said

  • Adelson Takes the Stand. Stone, Peter H. // National Journal;5/10/2008, Vol. 40 Issue 19, p15 

    The article reports on the lawsuit filed by Hong Kong businessman Richard Suen against Las Vegas Sands, the company established by Sheldon Adelson. Suen claims that the Las Vegas Sands owes him millions of dollars for helping the company win a gambling license from the Chinese government to open...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics